AUD/JPY – 30M – BUY
The combination breaks through the descending trendline upwards
A bullish movement upwards to the next resistance level at 100.42900 is considered certain.
Caution: A possible counter-trend in the direction of the support level at 100.00500 could happen.
Consider stop-loss settings accordingly.
Support & Resistance | Price Range* |
---|---|
3rd High | 100.72100 |
2nd High | 100.70200 |
Next High | 100.42900 |
Current Price | 100.20600 |
Next Low | 100.00500 |
2nd Low | 99.85500 |
3rd Low | 99.82300 |